Sec Form 4 Filing - SIMMONS L E @ Select Energy Services, Inc. - 2017-11-01

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
SIMMONS L E
2. Issuer Name and Ticker or Trading Symbol
Select Energy Services, Inc. [ WTTR]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
600 TRAVIS, SUITE 6600
3. Date of Earliest Transaction (MM/DD/YY)
11/01/2017
(Street)
HOUSTON, TX77002
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 11/01/2017 A 16,191,331 A $ 0 ( 1 ) 16,191,331 I SEE FOOTNOTES ( 2 ) ( 3 ) ( 4 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
SIMMONS L E
600 TRAVIS, SUITE 6600
HOUSTON, TX77002
X X
SCF VI LP
600 TRAVIS, SUITE 6600
HOUSTON, TX77002
X X
SCF-VI, G.P., Limited Partnership
600 TRAVIS, SUITE 6600
HOUSTON, TX77002
X X
SCF-VII, L.P.
600 TRAVIS, SUITE 6600
HOUSTON, TX77002
X X
SCF-VII, G.P., Limited Partnership
600 TRAVIS, SUITE 6600
HOUSTON, TX77002
X X
Baldwin David C
600 TRAVIS, SUITE 6600
HOUSTON, TX77002
X
Signatures
L.E. Simmons 11/02/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Received in exchange for 21,159,609 shares of Class A common stock, $0.01 par value per share, of Rockwater Energy Solutions, Inc. ("Rockwater") in connection with the acquisition of Rockwater by Select Energy Services, Inc. (the "Issuer").
( 2 )Represents 8,773,760 shares of Class A common stock, $0.01 par value per share, of the Issuer ("Class A Common Stock") directly beneficially owned by SCF-VI, L.P., 6,374,474 shares of Class A Common Stock directly beneficially owned by SCF-VII, L.P. and 1,043,097 shares of Class A Common Stock directly beneficially owned by SCF-VII(A), L.P.
( 3 )L. E. Simmons is the President and sole member of the board of directors of L.E. Simmons & Associates, Incorporated, a Delaware corporation ("LESA"), which is the sole general partner of each of SCF-VI, G.P., Limited Partnership ("SCF-VI GP"), SCF-VII, G.P., Limited Partnership ("SCF-VII GP") and SCF-VII(A), G.P., Limited Partnership ("SCF-VII(A) GP"). Additionally, SCF-VI GP is the sole general partner of SCF-VI, L.P., SCF-VII, GP is the sole general partner of SCF-VII, L.P. and SCF-VII(A) GP is the sole general partner of SCF-VII(A), L.P. Based on the reporting person's affiliation with SCF-VI, L.P., SCF-VII, L.P. and SCF-VII(A), L.P., L. E. Simmons may be deemed to beneficially own all of the shares of common stock of the Issuer beneficially owned or deemed to be beneficially owned by SCF-VI, L.P., SCF-VII, L.P. and SCF-VII(A), L.P. Mr. Simmons disclaims beneficial ownership of all such interests.
( 4 )David C. Baldwin is a member of the Issuer's board of directors. Mr. Baldwin serves as Co-President of LESA. As such, Mr. Baldwin may be deemed to have dispositive power over the shares of common stock owned by SCF-VI, L.P., SCF-VII, L.P. and SCF-VII(A), L.P. Mr. Baldwin disclaims beneficial ownership of all such interests.

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